Asset Lifecycle Management

Asset Lifecycle Management – End-To-End Solutions

When it comes to delivering projects and managing assets, we use a holistic approach to ensure every phase is optimized and our clients are empowered to make the best decisions. From planning and design; to construction and handover; operations, maintenance, and improvements; and upgrades or decommissioning, we understand that each project needs a tailored and scalable solution.

That’s why we have combined our 75+ years of experience in critical infrastructure with our industry-leading software solutions to deliver the best tools and advisory services in:


The Right Tools for Any Job. As we move toward a more digital world, software agnostic and scalable offerings are vital to ensure clients implement the best practices and tools for their project. By remaining software and vendor agnostic, we fill our toolbox with advanced, adaptable, trusted, industry standard applications that help us deliver the results our clients are looking for.

We have successfully implemented our ALM offerings for bridges, airports, roads, transit, water and wastewater facilities, and more.

The Asset Lifecycle

PMIS and AM work interactively throughout an asset’s operational life to manage and improve CAPEX and OPEX spending.

ALM Lifecycle

Program Management Information Systems (PMIS)

As experts in program, project, design, and construction management, we break down data silos to synchronize people, financials, and processes needed to improve delivery and better manage your capital projects.

Using our extensive project experience, we guide our customers through their PMIS maturity journey to help better digitize and manage capital improvement programs.

Where Are You In The PMIS Journey?

How We Can Help

Dashboard Capabilities

We create powerful dashboards through our custom-built data warehouse and business intelligence capabilities.

Asset Management (AM)

Our asset management offerings help reduce total cost of ownership by empowering you to make informed decisions on hard questions. We’re experts in effectively administering assets over their entire lifecycles by improving processes and technology to optimize operations and maintenance, refine asset investment planning, and advance business objectives.

Learn more about our asset management and digital twin platform, Paradim®.

How We Can Help

Asset Management Services

Facility Condition Assessment (FCA)

Parsons is a recognized leader in facility asset inventory and condition assessments. Through our proficiency in capital improvement planning, facility master planning, and associated software development,  we help hundreds of facility owners with their deferred maintenance and capital planning needs.

In the late 1990’s, we pioneered the first version of eCOMET®, our Energy and Condition Management Estimating Technology. Since then, we have assisted hundreds of clients in assessing all types of facilities and associated site utilities, and have developed strategic facility management programs using a wide range of client-directed software products such as TRIRIGA®, ARCHIBUS®, SMS BUILDER™, as well as our own eCOMET®.  

Through our exposure to various facility types worldwide, we understand the critical needs that our clients face when deciding to renovate or replace aging facilities. Our objective and data driven assessment process, combined with our economic analyses and financial forecasts, and thorough inspections and documentation, produce winning strategies for our clients.

We have successfully performed FCA’s for 25+ years on more than 4B sqft of facilities for many of the nation’s largest facility owners.

FCA Markets

FCA Markets

The Right Tools For Any Job

We believe that our clients’ unique facility needs should be met with tailored and scalable offerings and should not be limited by existing systems or providers. That is why our FCA offerings are vendor and software agnostic. Our FCA experts have experience with a variety of industry tools and services to ensure that we deliver a solution that will support our clients’ business objectives.  

Parsons ECOMET®

Parsons’ flagship facility condition assessment solution efficiently identifies, inspects, assesses, and authoritatively plans a client’s asset management needs. It automates the collection and analysis of condition assessments, energy usage, equipment inventory, and other facility data to deliver:

Parsons ECOMET
  • Customizable Dashboards
  • Linked Project Documents
  • Cost Models
  • Interactive Condition Mapping
  • Deficiency Alerts
  • Inventory Records
  • Preformatted & Customizable Reports
  • Capital Planning & Tracking
  • What-If Simulation
  • Client Admin Authorization

Partner Platforms

IBM TRIRIGA®

A suite of workplace enterprise-class applications that can track real estate, projects, facilities, operations and maintenance, and environmental factors.

ARCHIBUS®

 A top-rated integrated workplace management system enterprise solution that is fully configurable and customizable to support additional present and future requirements without costly vendor reprogramming.

IBM MAXIMO®

 An enterprise asset management (EAM) tool that supports procurement, assets, work, service, contracts, and materials and enables users to create their own reusable reports.

We have planned and managed the implementation of tens of billions of capital improvement dollars.

FCA Map

FCA In Action

How does the University of California (UC) manage their assets across 10 campuses and five medical centers consisting of nearly 6,000 buildings spread over 140 million square feet of facilities? By implementing ICAMP, their Integrated Capital Asset Management Program, with the help of Parsons’ systematic approach, our eCOMET® system and IBM’s TRIRIGA platform.

Case Study: University of California

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